Cuba will allow Russia to look for oil and gas in its territorial waters. Environmentalists cringe, but the industry says its time for the US to look for more oil in the Gulf of Mexico, too.
If Americans continue reaching into their pocketbooks, back-to-school sales could be better than expected.
Second quarter GDP declined by 1 percent, compared with 6.4 percent in the first quarter. Will economic recovery be stronger than expected in the second half of the year?
Economists see in second-quarter report some signs that the groundwork is laid for an upturn.
Household incomes went up in May, buoyed by the stimulus, but consumer spending still lags.